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Dec 4, 2013
12/13
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the motor city has gone bust. they gave the green light to file for chapter 9 bankruptcy protection ruling that it is unable to pay $18 billion in debts. there is a march 1st deadline to be filed. the emergency manager is expected to have a 50 draft next month. the outgoing mayor dave bing said it's a chance to put the city on a new course. >> we are going to have to fight and the fight has to be together. if we have a future as far as our children and grandchildren, we have to fix the problem now. we can't continue to kick the can down the road and not make tough decisions. >> the tough decision are the city pensions and the judge ruled billions could be cut even though michigan's constitution prohibits cuts to pensions. the largest employee union filed an appeal and the ruling could have implications for retirees already struggling to make ends meet. >> we have an american dream that if you work long and did the right thing, you would end up being able to live comfortably. what he has done now, i don't know how
the motor city has gone bust. they gave the green light to file for chapter 9 bankruptcy protection ruling that it is unable to pay $18 billion in debts. there is a march 1st deadline to be filed. the emergency manager is expected to have a 50 draft next month. the outgoing mayor dave bing said it's a chance to put the city on a new course. >> we are going to have to fight and the fight has to be together. if we have a future as far as our children and grandchildren, we have to fix the...
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Dec 6, 2013
12/13
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and fog in new york city. so there will be significant delays today but not yet. the ice storm the worst of it will be during the day today. little rock to areas in memphis and north of memphis. okay in nashville. four inches of snow in indianapolis. oklahoma city, three inches of snow on the ground. a lot of school cancellations and school delays. most of the heavy snow has stayed just south of st. louis. look at this map. the green is the rain. the pink is the ice. the worst of it from little rock northwards. sleet in dallas and oklahoma. all of this is heading up to the northeast where we had a little bit of snow. expect a little bit of snow late tonight too. your forecast, bitterly cold in the northern plains. new winter storm to track in california and that will move across the country by the time we get to sunday, mika, even areas in the east like washington, d.c. could see a little bit of snow changing over to rain. a big, big winter mess. >> bill karins thanks very much. today nelson mandela being remembered as a hero but it wasn't that long ago that the u
and fog in new york city. so there will be significant delays today but not yet. the ice storm the worst of it will be during the day today. little rock to areas in memphis and north of memphis. okay in nashville. four inches of snow in indianapolis. oklahoma city, three inches of snow on the ground. a lot of school cancellations and school delays. most of the heavy snow has stayed just south of st. louis. look at this map. the green is the rain. the pink is the ice. the worst of it from little...
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Dec 5, 2013
12/13
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city employees and firefighters and tension. no matter how the deal was cut years ago, they will be cut now. before they receive the pension, who gets paid first? the bond holders and the big boys. there is something dopely flawed and it's not one party or the other. it's the whole system and a couple of decades that have been going wrong. >> the people who have been having these hikes in compensation packages are not reinvesting in job growth and productivity. it feels like fun money, but it is getting recycled and put into funds that are not necessarily then trickling down to create more jobs. that's a change too. over the course of a generation and people used to invest in making jobs. i don't think that's happening. they are investing in making more money. >> you talked about your dad putting you guys in a car on sunday and riding around and taking a look. this is where the rich people live up on the hill in the big houses. your father thought and he was right, that you could get a big house one day. >> one day i will. we li
city employees and firefighters and tension. no matter how the deal was cut years ago, they will be cut now. before they receive the pension, who gets paid first? the bond holders and the big boys. there is something dopely flawed and it's not one party or the other. it's the whole system and a couple of decades that have been going wrong. >> the people who have been having these hikes in compensation packages are not reinvesting in job growth and productivity. it feels like fun money,...
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Dec 2, 2013
12/13
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it's getting in and out of new york city is one thing i hate about this city. i love manhattan. but god -- >> it's a nightmare. we're a third world country in manhattan. a third world country when it comes to transportation. >> they are working on the airports. those are slowly but surely getting better. but i ride the subway home from work and sometimes you stand on the platforms and look at the tracks an look what's holding up the entire station you go oh, my god that's a relic. that turn, that speed in that turn. they have been making that turn for decades and decades. there was an accident in july with a freight train around that same spot. obviously something went very wrong there yesterday. >> one of the four fatalities hits close to home mother. jim l oemovell has worked at th "today" show for 20 years and leaves behind a wife and children. just taking the train from poughkeepsie to grand central. on thanksgiving weekend. >> it is terrible. i'll tell you something else that we've heard too, distracted conductors. that are on their iphones. that happened in spain. they are
it's getting in and out of new york city is one thing i hate about this city. i love manhattan. but god -- >> it's a nightmare. we're a third world country in manhattan. a third world country when it comes to transportation. >> they are working on the airports. those are slowly but surely getting better. but i ride the subway home from work and sometimes you stand on the platforms and look at the tracks an look what's holding up the entire station you go oh, my god that's a relic....
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Dec 9, 2013
12/13
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this is the tale of two cities. you have charts here, but it goes to affordable housing and there so many elements to the story. it's not a new york city story. it's a national story. in five american children live in poverty. >> you have a number of things that come to create it. a terrible recession and the rising income and equality and it's fine for wealthy people to get wealthier, but the people at the bottom have gotten poorer. we have a reduction of food stamps because we can't agree on a farm bill. this is part of this. you have gotten the minimum wage. >> you can't live on it. >> a bunch of things have come in a perfect storm for the people at the bottom. they feel very picked upon and rightly so. >> you agree that you have to make work pay to get people to work. >> you are asking people to work to pay for something they can't afford to support their family on. that's not how welfare reform works. >> i agree. republicans can certainly make the argument that we are where we are four years later because barac
this is the tale of two cities. you have charts here, but it goes to affordable housing and there so many elements to the story. it's not a new york city story. it's a national story. in five american children live in poverty. >> you have a number of things that come to create it. a terrible recession and the rising income and equality and it's fine for wealthy people to get wealthier, but the people at the bottom have gotten poorer. we have a reduction of food stamps because we can't...
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Dec 10, 2013
12/13
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many suburbs but the big cities may look more like d.c. including philadelphia and new york city. one of the spots noticing heavy snow between sterling and silver spring. we have dillon dryer live there. i showed the white house lawn green. different story north of you. >> reporter: here it is not so nice. started about 6:30 this morning. very lightly at first and then it just came down hard. i'd say we have about half an inch maybe a little over that. so it's just starting to accumulate now. for the first time i'm starting to see the traffic slow down just little bit. it was going still at a pretty decent speed but the roads are starting to look messier. most of the snow we're going to get at least in potomac, maryland we should end up with five inches or so and should fall before 11:00 this morning. we don't have that much time before 11:00 meaning it's going to come down at snowfall rates of one to two inches per hour and that's what reduces visibility and makes conditions very poor for drivers. so i think it will catch some people off guard. >> let me give everybody their snow
many suburbs but the big cities may look more like d.c. including philadelphia and new york city. one of the spots noticing heavy snow between sterling and silver spring. we have dillon dryer live there. i showed the white house lawn green. different story north of you. >> reporter: here it is not so nice. started about 6:30 this morning. very lightly at first and then it just came down hard. i'd say we have about half an inch maybe a little over that. so it's just starting to accumulate...